ABRA Auto Body & Glass Acquires Four More Locations in Two States

December 28, 2012 05:41 PM Eastern Daylight Time

MINNEAPOLIS--(BUSINESS WIRE)--ABRA Auto Body & Glass, a Minnesota-based vehicle repair company and
industry leader, continued its growth-filled year by announcing the
acquisition of four more repair centers in two states increasing its new
center total in 2012 to 27.

“We know ABRA
will continue the commitment we’ve made to superior service over seven
decades in business.”

In two separate transactions announced today, ABRA acquired three
Collision Plus Auto Body Repair Centers in Southern Illinois just
outside St. Louis, Missouri and Ogden Auto Body in Utah. The deals boost
ABRA’s repair center portfolio to 136 and expands its national footprint
to 15 states.

“This is our 16th acquired center of the year and our first step into
Illinois and the St. Louis market,” said Duane Rouse, President and
Chief Executive Officer of ABRA. “We have also added seven new
franchises and developed four corporate centers this year for a total of
27 new centers added to our system in 2012.”

ABRA’s new Midwest repair centers are located just outside St. Louis,
Missouri in the Southern Illinois cities of Swansea, Glen Carbon, and
O’Fallon. “Customer satisfaction has been our number one priority,” said
Nick Gojmeric, founder and owner of Collision Plus Auto Body Repair
Centers. “ABRA’s commitment to its customers while valuing a culture of
ethics, integrity and teamwork makes it the perfect company to acquire
our business.” Symphony Advisors acted as advisors to Collision Plus
Auto Body Repair Centers to help complete the deal.

“For more than 70 years, our repair center has been a trusted part of
the community,” said Tom Baur, owner of Ogden Auto Body. “We know ABRA
will continue the commitment we’ve made to superior service over seven
decades in business.” The new Ogden location will be ABRA’s 5th
repair center in Utah.

ABRA expects to continue expanding in the years ahead and is actively
seeking new opportunities to acquire repair centers to its industry
leading operating system as part of its aggressive national growth plans
in major markets. Interested parties should contact Louis Berezovsky,
Executive Vice President and Chief Financial Officer (lberezovsky@abraauto.com
or 763.585.6205).

For franchise opportunities in small and midsize markets contact Mark
Wahlin, Vice President of Franchise Development and Operations (mwahlin@abraauto.com
or 763.585.6315).

ABRA is committed to conducting business based on responsible business
practices including implementation of environmentally sustainable
initiatives, health and safety, and a commitment to the communities in
which we work.

About ABRA Auto Body & Glass

Founded in 1984 and headquartered in Brooklyn Center, Minnesota, ABRA is
a leading provider of vehicle repair services specializing in collision
repair, paintless dent removal, and auto glass repair and replacement.
For more information about ABRA visit www.abraauto.com